Anyone have any info on these guys? I've been reading on some other boards they claim to be able to monetize SWIFT MT760s but end up taking a fee and never producing anything. My client has been solicited by a firm that I believe is a shell company created by David Bess to continue what I believe to be questionable financial servicing practices.

Does anyone know of any lawsuits for fraud or criminal actions pending against David Bess, Robert Fowler, or US Capital Funding II? Any info would be appreciated.

OK, read your first sentence again, paying particular attention to the bit "they claim to be able to monetize SWIFT MT760s". Do you know what an MT760 is, the obvious answer is NO!!! STOP, DO NOT PASS GO, DO NOT COLLECT $200. This should have been your first warning. The second warning was "taking a fee and never producing anything". Do you need any further clues??

Advise your client to run, not walk to the nearest egress, contact your local DA, and then contact your state's AG, and then find something else to do, and forget you ever heard of these people. If they aren't on someone's radar at this point they eventually will be and you don't want to play.

The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

I know what an MT760 is. What I'm trying to do is dissuade my client from doing business with these people. That requires evidence. I'm looking for anyone that actually knows of lawsuits pending against these people or the firm. For instance, I've read about them here:

ATLEsquire wrote:...However, I would like to be able to hand to my client some lawsuit pleadings or an indictment rather than ramblings on internet message boards. If anyone has any info, please post or PM me. Thank you.

Get a PACER account. Anything else you find on the 'net is hearsay.

The Honorable Judge Roy BeanThe world is a car and you're a crash-test dummy.The Devil Makes Three

PACER turned up nothing. I'm wondering if there are state filings somewhere. Apparently, these guys have been doing business in a number of places. The federal case mentioned in the previous link referenced an eviction proceeding that was removed to state court. While this certainly looks obtuse for a "successful" businessman, I'm looking for more. Second best would be speaking to someone that has interacted with them directly or is an attorney hired to pursue them.

Chances are that there isn't anything current against your client's current wet dream, but the fact remains that this is a crock. Whether or not there is past or even current legal action pending is irrelevant to the fact that this is a scam. Looking at the transaction by someone with even a modicum of sense would be sufficient. Logic dictates that if the transaction is a scam then the people behind it are scammers. Have your client talk with a real banker, someone who actually works in the banking industry, not someone who works in fantasyland, and when they quit laughing at him maybe he'll get the hint.

An MT760 is a special type of bank guarantee, issued for a specific business transaction, and there is NO way that any one can monetize them, or use them if they are not who they were issued for, and anyone who tells you otherwise is lying and preparing to scam you.

The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

Thank you all. This is turning out very helpful. My guess is that "David Bess" also goes by "Dowain Bess" based on GA SEC filings. He currently is doing business under the name "New World Capital Finance, Ltd." After a review of New World's GA SEC filings, they've only been around since 2010 and originally went by the name "Bess Enterprises & Investments, Ltd." Filings are here:

My guess is Bess' name obviously is carrying dirt with it hence the name change. Their phone number is some redirecting service used by Paetec, and their offices are located in a Regus Business Suites (much like U.S. Capital Funding II, Ltd.).

Anyways, after knowing more about NWCF, USCAPII, David Bess, Robert Fowler, etc..and looking at NWCF's "commitment letter" to block funds for my client, I do not like the look of any of this.

Heck, I even found what appears to be a sovereign filing in checking out the Fowler stuff. Debtor name and creditor name are the same, both with the same address in Georgia, yet the UCC filing was done in Kentucky.